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Wall Street
CIA workers trained Wall Street firms to detect liesDaniel Nasaw The Guardian 02/03/2010 | Wall St Week Ahead: Optimism may extend rally in short weekEllis Mnyandu Reuters 04/03/2009 |
 It is hard to imagine two more distrusted and reviled professions. One has been accused of torturing detainees and failing to track down Islamist terror suspects; the other is widely perceived to be responsible for the worldwide recession. |  U.S. stocks should rally further next week, if investors get more signs that the economic slump is abating and earnings season does not get off to a rocky start. |
Banking Plan Propels Wall St. to Best Day in MonthsJACK HEALY New York Times 03/24/2009 | Rescue Plan, With Some Fine Print, Dazzles Wall StreetJACKIE CALMES New York Times 03/23/2009 |
 Details of the government’s plans to clean up the nation’s banks ignited a blazing stock market rally on Monday, lifting Wall Street to its best one-day performance in five months and tempting some investors to imagine what they would not have dared just a few weeks ago — that the worst may finally be over. |  This time President Obama directed some of the stagecraft. This time Treasury Secretary Timothy F. Geithner fleshed out the substance of their long-anticipated program to remove banks’ toxic assets and revive the financial system. And this time the reaction was widely positive, giving the embattled Mr. Geithner a critically needed boost. |
Wall St. hurt by banks as TALF falls shortLeah Schnurr Reuters 03/20/2009 | Will Street's Luck Hold On Friday The 13th?Carl Gutierrez Forbes 03/13/2009 |
 Stocks slid on Friday as the Federal Reserve's plan to rekindle consumer and small business lending fell short of expectations and General Electric (GE.N) was hit by analysts' bearish comments. |  Continuation of rally could hinge on whether investors stick with surging financials. |
Wall Street Makes It FourCarl Gutierrez Forbes 03/13/2009 | Surprise 180 for Stocks; Markets End MixedMatt Egan FOX Business 03/06/2009 |
 Dow industrials end the week with a 4th consecutive advance thanks to banks. |  A furious late-day comeback effort erased heavy losses on Wall Street Friday as the markets managed to mostly shrug off a new report showing the U.S. unemployment rate soared last month to the highest level since 1983. |
GE Capital Still TickingCarl Gutierrez and Miriam Marcus Forbes 03/05/2009 | How bank bonuses let us all downNassim Nicholas Taleb Financial Times 02/24/2009 |
 Conglomerate's triple-A rating might not stand, but it's unlikely to fall too far. | One of the arguments one hears in the compensation debate is that the bonus system used by Wall Street - as John Thain, former Merrill Lynch chief executive, put it - is there to "reward talent". |
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